Merchants Hill, Pontnewynydd, Pontypool
By Peter Alan
£ 90,000
Reviews
2 out of 5 stars
Peter Alan says ..
This charming terraced house, featuring two bedrooms and a well-sized reception room, is a renovation-ready opportunity located in a prime area with excellent transport links and amenities, perfect for first-time buyers or investors looking to craft a personalized home.
Property Oracle says ..
The property is a 2 bedroom terraced house located on Merchant’s Hill, Pontnewynydd, Pontypool. The property is in need of significant renovation. The walls show signs of damp and the carpets are worn. The bathroom and kitchen are outdated and require modernisation. The property benefits from a small rear garden which is overgrown and in need of attention.
Considering the condition of the property, the list price of £90,000 seems reasonable, especially when compared to the average house price in the area of £305,948. However, the property requires substantial investment to bring it up to a habitable standard. The average price per square foot in the area is £364, and while the property’s size is 855 sqft, the lack of information on comparable properties makes a precise price comparison difficult. The surrounding area has a mix of properties, with some requiring renovation and others in better condition. The proximity to local schools and transportation links is a positive aspect of the property’s location. The small garden is a bonus, although it currently requires considerable work.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 6
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 855.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 283,000.00 £Decreased by 21.70 %
- Est sale value
- 324,900.00 £Increased by 38.69 %
- Average area rental value
- 1,134.00 £/moIncreased by 19.24 %
- Est letting value
- 855.00 £/mo
- Est rental Yield
- 4.81 %Increased by 52.22 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Peter Alan marked this listing as sold.
Peter Alan created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| George Street Primary School | Welsh Establishment | 0.78 KM | |
| St Alban'S R.C. High School | Welsh Establishment | 1.57 KM | |
| Cwmffrwdoer Primary School | Welsh Establishment | 1.62 KM | |
| Ysgol Gyfun Gwynllyw | Welsh Establishment | 1.72 KM | |
| Penygarn Primary School | Welsh Establishment | 1.83 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Merchant's Hill | £ 90,000 | 0 | 0.00 KM |
| Merchant's Hill Close | £ 150,000 | 0 | 0.00 KM |
| Estate Road | £ 120,000 | 0 | 0.00 KM |
| Mill Road | £ 170,000 | 0 | 0.00 KM |
| Campbell Street | £ 160,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pontypool And New Inn | 3744 | PPL | 4.30 KM |
| Cwmbran | 3738 | CWM | 7.05 KM |
| Llanhilleth | 9916 | LTH | 9.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Merchants Hill Close, Pontnewynydd, Pontypool | £ 285,000 | BUY | 7 / 10 | 0.06 KM |
| Lewis Terrace, Pontnewynydd, Pontypool | £ 190,000 | BUY | 6 / 10 | 0.18 KM |
| Fowler Street, Wainfelin, Pontypool, Torfaen, NP4 | £ 160,000 | BUY | 7 / 10 | 0.18 KM |
| Fowler Street, Pontypool | £ 160,000 | BUY | 5 / 10 | 0.19 KM |
| Fowler Street, Wainfelin, Pontypool | £ 150,000 | BUY | 6 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Merchants Hill | £ 42,000 | 0.00 KM |
| 8 Merchants Hill | £ 133,000 | 0.00 KM |
| 1 Merchants Hill Close | £ 85,000 | 0.06 KM |
| 3 Merchants Hill Close | £ 70,000 | 0.06 KM |
| 10 Merchants Hill Close | £ 100,000 | 0.06 KM |